E

Earnings
Net income for a company.

Earnings before interest and taxes (EBIT)
A company's earning power

Earnings per share (EPS)
A company's profit divided by its number of outstanding shares.

Effective rate
A debt security's yield calculated from the purchase price.

Employee stock ownership plan (ESOP)
A company contributes to a trust fund that buys stocks on behalf of employees.

Equity
The ownership interest of stockholders in a company. Also, the excess of the market value of securities over debit balance in a margin account.

Estate taxes
A tax on the estate of a deceased person before it transfers to heirs or entities owed by the estate.

Eurodollar
U.S. currency in a European bank or other institution outside the U.S.

Exchange
A marketplace where agents trade shares and options. Principle U.S. stock exchanges are the New York Stock Exchange (NYSE), American Stock Exchange (AMEX), and the National Association of Securities Dealers (NASDAQ).

Ex-dividend
A security that does not carry the right to recently declared dividends.

Execution
Completing an order to buy or sell securities.

Expense ratio
Operating costs, including management fees, expressed as a percentage of a fund's average net assets for a given time period.

Extra
A dividend that is paid in addition to a firm's 'regular' quarterly dividend.

Securities offered through First Allied Securities, Inc.   A register broker/dealer.  Member FINRA/SIPC.
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